UPDATESNovember 18, 2020FBR once again reminded to file income tax returns by the deadline By Admin The Federal Board of Revenue (FBR) reminded again to submit income tax returns by the December 8…Read more
UPDATESNovember 7, 2020Rules amended by FBR: Issued time limit for notifying income tax return form By Admin Amendment of RulesThe FBR has issued draft rules for the purpose of setting timelines in…Read more
TAXATIONNovember 6, 2020Sales tax refunds: Required documents & process By Admin Sales tax refunds: Required documents & process.Who can claim sales tax refunds…Read more
TAXATIONNovember 4, 2020Taxpayers Profiling: Submit otherwise ready to be inactive By Admin The return filers now require to submit “Taxpayer’s Profile”. These include…Read more
TAXATIONNovember 3, 2020Which persons require to submit income tax returns ? By Admin Following persons require to submit there income tax returns under Income Tax Ordinance…Read more
TAXATIONOctober 3, 2020Taxation of gifts in Pakistan By Admin When Gifts Treated as Income ?The FBR will consider provision of gift from closed blood…Read more
TAXATIONOctober 2, 2020Persons required to get sales tax registration with FBR By Admin According to section 14 of the Sales Tax Act, 1990, every person who is involved in supplying of…Read more
TAXATIONOctober 1, 2020FBR issued valuation for sale of used cars for purpose of collecting sales tax. By Admin Federal Board of Revenue (FBR) issued valuation for sale of used cars for purpose of collecting…Read more
TAXATIONSeptember 30, 2020FBR Extended Last Date For Filling Of Income Tax Returns Of Tax Year 2020 By Admin Federal Board of Revenue (FBR) extended last date for submission of annual income tax returns up to…Read more
UPDATESSeptember 29, 2020Increase of tax on profit on debt for the persons other than companies By Admin Previously, upto tax year 2019, the persons (mentioned in clauses a to d of sub section (1) of…Read more